Rents down for second month in row

The average rent in England and Wales dropped by 0.3% to stand at £682 a month, as a rise in professional landlords helped to ease the mismatch between supply and demand which had been pushing up rents, according to lettings agent network LSL Property Services.

But while some areas of the country saw steep falls in rental prices during January, average rents in London edged ahead by 0.2%. Read More: